Markets are in negative mode all around......
This is a usual pattern in the morning session.....then everybody forgets about all the negatives going into close......
Jobs report are the highlight of this week on Friday @ 830AM.....
Expect another improvement into close......as markets are in "support zone"
In my portfolio :
Sold TKC and booked a loss of $1.62 per share......
Sold COIN and booked a gain of $4.20 per share....
Bought CMED after each trade my cost $40.86
CMED UP 48 cents
CSIQ UP 50 cents
GS down $4
LDK UP 9 cents
My portfolio is CMED,CSIQ,GS & LDK
@11.41 AM the following are green :
COIN,BIDU,AGU,SNDK,AAPL(introduction of BB competing product),
FWLT,NTES,AKAM,MON.
BLOG does NOT give buy or sell.
Saleem
Thursday, March 6, 2008
Wednesday, March 5, 2008
Green is the colour for all indices !!!
Markets continue to show resiliency by closing in green......
There was lot of negativity from ABK to economic reports to Sky high oil & gold......
But if you look @ close...you will think everything IS fine........
Again 830AM...we have slew of reports which will dictate opening prices...but close will be another story as usual.......
In my portfolio :
CSIQ rating 50/45 target $24.62
COIN rating 15/30 rated for a "breakout" @ $16.22 with a target of $19.76
GS rating 90/60 rated for a "breakdown" @ $161.41 with a target of $150.30...IF NOT then 1st UP target of $173.43
LDK rating 70/95 rated for a "breakdown" @ $24.19 with a target of $17.65...IF NOT 1st UP target of $32.56
TKC rating 80/75 target $27.44
In other stocks :
CMED rating 80/95 target $44.81
DSX rating 50/50 target $30.27
Ag stocks were strong AGU,POT,MON,MOS,COIN......
Solar stocks were strong FSLR,SPWR,STP,JASO,SOLF,TSL.....thanks to great ER & Guidance by CSIQ......
Gold stocks were strong ABX,KGC,AUY...record gold close.......
Dry shippers were strong DRYS,DSX....
AH MR misses by 1 cents and guides 2008 lower down $3++ AH
BLOG does NOT give buy or sell.
Saleem
There was lot of negativity from ABK to economic reports to Sky high oil & gold......
But if you look @ close...you will think everything IS fine........
Again 830AM...we have slew of reports which will dictate opening prices...but close will be another story as usual.......
In my portfolio :
CSIQ rating 50/45 target $24.62
COIN rating 15/30 rated for a "breakout" @ $16.22 with a target of $19.76
GS rating 90/60 rated for a "breakdown" @ $161.41 with a target of $150.30...IF NOT then 1st UP target of $173.43
LDK rating 70/95 rated for a "breakdown" @ $24.19 with a target of $17.65...IF NOT 1st UP target of $32.56
TKC rating 80/75 target $27.44
In other stocks :
CMED rating 80/95 target $44.81
DSX rating 50/50 target $30.27
Ag stocks were strong AGU,POT,MON,MOS,COIN......
Solar stocks were strong FSLR,SPWR,STP,JASO,SOLF,TSL.....thanks to great ER & Guidance by CSIQ......
Gold stocks were strong ABX,KGC,AUY...record gold close.......
Dry shippers were strong DRYS,DSX....
AH MR misses by 1 cents and guides 2008 lower down $3++ AH
BLOG does NOT give buy or sell.
Saleem
Markets showing strength after finding SUPPORT !!!
Markets are showing strength after finding support in 1325 area on S&P 500......
Retest of the low was successful second time.....
Markets are UP almost 1% on all indices......
In my portfolio :
CSIQ after excellent ER & Guidance is UP $3.02 on heaviest volume of almost 5 million....
COIN UP 62 cents
GS UP $2.52
LDK UP $1.00
TKC UP 7 cents
@ 12.15 PM the following are green :
AGU,MON,POT,BRCM,TSL,C,DELL,VMW,ICE,YHOO,CTRP,
WYNN,LVS,NVDA,NYX,NMX,AUY,ABX,SPWR,FSLR,ISRG,
SNE,IFN,DRYS,GOOG,FWLT,SOHU,SNDA,STP,INFY,AKAM,
JASO,FFIV.
Sorry for the late report as I had to clean up my driveway after a major snowstorm.
BLOG does NOT give buy or sell.
Saleem
Retest of the low was successful second time.....
Markets are UP almost 1% on all indices......
In my portfolio :
CSIQ after excellent ER & Guidance is UP $3.02 on heaviest volume of almost 5 million....
COIN UP 62 cents
GS UP $2.52
LDK UP $1.00
TKC UP 7 cents
@ 12.15 PM the following are green :
AGU,MON,POT,BRCM,TSL,C,DELL,VMW,ICE,YHOO,CTRP,
WYNN,LVS,NVDA,NYX,NMX,AUY,ABX,SPWR,FSLR,ISRG,
SNE,IFN,DRYS,GOOG,FWLT,SOHU,SNDA,STP,INFY,AKAM,
JASO,FFIV.
Sorry for the late report as I had to clean up my driveway after a major snowstorm.
BLOG does NOT give buy or sell.
Saleem
Canadian Solar beats on Sales & EPS.....
Canadian Solar gave a solid Q4 ER....
Q4 Sales were $127.5 million vs expected $120.47 a beat on Sales by $7.03 million +5.7% beat...
Q4 EPS came in @ 20 cents vs expected 18 cents a beat by 2 cents +11.1% beat.....
Guiding Q1 Sales way higher to $150 million to $155 million vs expected $138.73 million a HIGHER guidance on Sales by $13.77 million +9.9% higher guidance for Q1.....
Sequentially Sales are going UP by $25 million +19.60%...a stunning guidance for Q1
Guiding Q1 EPS to come between $12 million to $12.5 million almost doubling of EPS...
Guiding 2008 Sales between $650 million to $750 million a conservative guidance based on Q1 trend...practicing UPOD consensus IS $711.05 million.....
Guiding 2009 as another 100% growth in PV solar modules & 300% in UMG products.....
CSIQ expects further margin improvement in 2008 & 2009
CSIQ UP $1.30 on bid.....
CC starts @ 8 AM
BLOG does NOT give buy or sell.
Saleem
Q4 Sales were $127.5 million vs expected $120.47 a beat on Sales by $7.03 million +5.7% beat...
Q4 EPS came in @ 20 cents vs expected 18 cents a beat by 2 cents +11.1% beat.....
Guiding Q1 Sales way higher to $150 million to $155 million vs expected $138.73 million a HIGHER guidance on Sales by $13.77 million +9.9% higher guidance for Q1.....
Sequentially Sales are going UP by $25 million +19.60%...a stunning guidance for Q1
Guiding Q1 EPS to come between $12 million to $12.5 million almost doubling of EPS...
Guiding 2008 Sales between $650 million to $750 million a conservative guidance based on Q1 trend...practicing UPOD consensus IS $711.05 million.....
Guiding 2009 as another 100% growth in PV solar modules & 300% in UMG products.....
CSIQ expects further margin improvement in 2008 & 2009
CSIQ UP $1.30 on bid.....
CC starts @ 8 AM
BLOG does NOT give buy or sell.
Saleem
Tuesday, March 4, 2008
Market staged another strong close ????
Markets are trying to give message by closing Near high of the day.....AGAIN !!!!
Are we getting close to the end of test & retest of support for the market......
We have been in a downtrend since December.....
After three months of relentless selling..... are we seeing the end of this phase of market???
In few days we will get confirmation of the trend.....I hope !!!
In my portfolio :
CSIQ rating 55/100 target $20.35...reports before open..EPS 18 cents on Sales of $120.47 million.....
COIN rating 20/30 target No resistance ahead !!!
GS rating 75/60 target $172.72
LDK rating 65/95 rated for a "breakdown" @ $ 24.90 for a target of $18.11 ...IF NOT then 1st UP target is $32.59...LDK is @ MS conference..presentation is @ 430 PM wed March 5th....
TKC rating 60/75 target $27.32
In other stocks :
AGU rating 40/45 target $76.62
RIMM rating 60/45 target $111.01
AAPL,BIDU,RIMM,MA were strong.....
BLOG does NOT give buy or sell.
Saleem
Are we getting close to the end of test & retest of support for the market......
We have been in a downtrend since December.....
After three months of relentless selling..... are we seeing the end of this phase of market???
In few days we will get confirmation of the trend.....I hope !!!
In my portfolio :
CSIQ rating 55/100 target $20.35...reports before open..EPS 18 cents on Sales of $120.47 million.....
COIN rating 20/30 target No resistance ahead !!!
GS rating 75/60 target $172.72
LDK rating 65/95 rated for a "breakdown" @ $ 24.90 for a target of $18.11 ...IF NOT then 1st UP target is $32.59...LDK is @ MS conference..presentation is @ 430 PM wed March 5th....
TKC rating 60/75 target $27.32
In other stocks :
AGU rating 40/45 target $76.62
RIMM rating 60/45 target $111.01
AAPL,BIDU,RIMM,MA were strong.....
BLOG does NOT give buy or sell.
Saleem
Markets are weak...Down 1.3%.......
Markets are down sharply on concerns on many front...
Concerns about economy.....
Concerns about write down....
Concerns about profitability....
All resulting in many investors/traders selling ......
Confidence of investors/traders are badly bruised......
Is there any hope for the future of this market.......
The way this market is selling off.....one would think there is NO hope for this market...
But.....markets have a way of turning around after doing what it NEEDS to do......sometimes it IS technical...sometimes it IS discounting of any or all issues facing the markets.......
The only problem IS that nobody CAN tell WHEN !!!!
I always look @ close to come up with my conclusion......
So...keep an eye on close today ?????
In my portfolio :
CSIQ UP 25 cents...reports before OPEN wed cc @ 8AM.....expecting good things !!!
COIN down 45 cents
GS down $1.84
LDK down $1.69
TKC down 41 cents
@ 11.29 the following are green :
BRCM,TSL(on good ER),AMAT,BRCM,ICE,AAPL,IGT,
TOL,AMZN,QID,SDS,FXP.
BLOG does NOT give buy or sell.
Saleem
Concerns about economy.....
Concerns about write down....
Concerns about profitability....
All resulting in many investors/traders selling ......
Confidence of investors/traders are badly bruised......
Is there any hope for the future of this market.......
The way this market is selling off.....one would think there is NO hope for this market...
But.....markets have a way of turning around after doing what it NEEDS to do......sometimes it IS technical...sometimes it IS discounting of any or all issues facing the markets.......
The only problem IS that nobody CAN tell WHEN !!!!
I always look @ close to come up with my conclusion......
So...keep an eye on close today ?????
In my portfolio :
CSIQ UP 25 cents...reports before OPEN wed cc @ 8AM.....expecting good things !!!
COIN down 45 cents
GS down $1.84
LDK down $1.69
TKC down 41 cents
@ 11.29 the following are green :
BRCM,TSL(on good ER),AMAT,BRCM,ICE,AAPL,IGT,
TOL,AMZN,QID,SDS,FXP.
BLOG does NOT give buy or sell.
Saleem
Trina Solar beats by 13 cents..Solar shining Again !!!
Trina Solar is giving life to battered solar sector by beating on Sales & EPS...
TSL also guiding 08 higher.......
All solar stocks are UP in pre-market......
LDK,CSIQ,SOLF,JASO UP in negative futures.....
CSIQ reports before OPEN wed.....
CSIQ CC is @ 8 AM wed......
Expecting a good report from CSIQ......
COIN is higher in pre-market......
My portfolio is :
LDK,CSIQ,COIN,TKC & GS.....
Futures are negative thanks to INTC margin erosion due to Nand lower pricing which affects SNDK & MU in a big way......plus the usual Citi in need of more equity......
Expecting markets to recover by close again !!!
BLOG does NOT give buy or sell.
Good luck to Solar believers !!!!!
Saleem
TSL also guiding 08 higher.......
All solar stocks are UP in pre-market......
LDK,CSIQ,SOLF,JASO UP in negative futures.....
CSIQ reports before OPEN wed.....
CSIQ CC is @ 8 AM wed......
Expecting a good report from CSIQ......
COIN is higher in pre-market......
My portfolio is :
LDK,CSIQ,COIN,TKC & GS.....
Futures are negative thanks to INTC margin erosion due to Nand lower pricing which affects SNDK & MU in a big way......plus the usual Citi in need of more equity......
Expecting markets to recover by close again !!!
BLOG does NOT give buy or sell.
Good luck to Solar believers !!!!!
Saleem
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